Credit Associate

Description :

Release & maintain credit facility limits in various banking systems in line with credit approvals / documentation unit release instructions and in adherence to all applicable bank policies, procedures, regulations and SLA s.

Carry out all monitoring and control activities related to Syndication and FI portfolios

Perform User Acceptance Testing (UAT) on system enhancements for assigned projects, specifically for Syndication and FI portfolios.

Ensure all risks and related controls pertaining to unit s activities are identified in the RCSA and maintained up to date.

Graduate with a Minimum of 4-7 years of experience in managing Syndication and FI facility operations.

Possess an accounting background with knowledge on reconciliation processes

Good knowledge on various banking products & services and its operations.

Technology oriented.

Good communication (both oral and written) and interpersonal skills.

Credit Facility Limits are released and maintained in line with the credit approvals / documentation unit release instructions.

Ensure interest rates, earmarking, reallocation and reinstatement of limits are correctly updated in line with approved terms and conditions.

Ensure Syndication and FI facility related disbursements, fee recoveries, rollover, settlements, interest / profit adjustments instructions are executed in an accurate and timely manner.

Ensure all data of the Syndication and FI facilities are accurately recorded in the relevant monitoring and control files / systems.

Periodical review of portfolio balances against the records of Agent Banks and ensure there are no discrepancy of records. Any discrepancy to be escalated to Agent Banks / internal stakeholders for immediate rectification.

Monitor sundry and nostro accounts pertaining to Syndication and FI facilities and ensure outstanding items are reconciled / justified in a timely manner.

Maintain trackers for the assigned portfolio to ensure all time bound activities are actioned in a timely manner.

Escalate any system / process irregularities in a timely manner.

Carryout periodic control testing on selected samples based on the defined control testing methodology.

All Risks and related controls of the unit s activities are identified in the RCSA and is maintained up to date.

Ensure Zero operational losses.

Ensure no audit findings.

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